A physical wallet can contain many important items such as funding instruments and/or identification cards. Examples of physical funding instruments can include cash, checks, credit cards, debit cards, coupons, gift certificates, gift cards, and the like. Examples of identification cards can include driver’s licenses, social security cards, passports, and the like. However, if such physical funding instruments and/or identification cards are lost or stolen or if the physical wallet is lost or stolen, it is difficult to find them and it is time-consuming to get a substitute. Thus, techniques for preventing loss of a physical wallet and/or items stored therein are needed.
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Tait, Matthew, "Smart Wallet", Technical Disclosure Commons, (August 29, 2018)